In the third part of this morning’s webclass I take a look at the GBP/USD pair and explain how to trade it using time based charts and volume price analysis and non time based charts in the form of the renko for MT5.
https://youtu.be/GKOs1qwvApE...
In the second part of this morning’s webclass David explains how to use the currency strength indicator in multiple timeframes and what it reveals to help you understand the price cycle of mean reversion.
https://youtu.be/qBiOZRhoe-s...
How to select the best currency pair with the strongest trend using the currency majors matrix. Here we focus on the USD and see which pairs are trending and which are not, but more importantly why using the currency strength indicator.
https://youtu.be/Aw7JkbduSBE...
Volume price analysis is a powerful methodology and one which can be used for all markets and instruments and even in spot forex, where we use tick volume as a proxy and one which works perfectly as you will see in this video.
https://youtu.be/gJ3GUp1jP8o...
As forex traders, we tend to focus on the currency majors, but if you open your eyes and move to some of the cross currency pairs you will be surprised at the strong trends they can deliver. In this video I highlight one example using the EUR/CAD.
https://youtu.be/dQJWjAdUh7I...
Volume signals don't come much better than this in the afternoon trading session for US futures, with the stopping volume clear for all to see!
https://youtu.be/B4Qj9bUrvgU...
In this video from the US futures trading session we show you how to trade emini index futures with confidence using volume price analysis.
https://youtu.be/zSdmwqDf3zY...
In this vidoe we explain how to trade the currency of first reserve with confidence by using a simple currency majors matrix. This is easy to create and can also be created for other currencies in the same way.
https://youtu.be/vmuCrEwR7E8...
Wyckoff's second law is one that brings in the concept of time. In other words the longer a phase of price action has been building and particularly in congestion, then the greater should be the result once the trend develops. So in congestion phases, if these last for some time, then expect the consequent trend to be significant.
https://youtu.be/v4V3h1jkTkQ...
The EUR/USD delivers some more lessons in volume price analysis during the London forex trading session. The volume price analysis methodology is based on Wyckoff's three laws of effort and result, cause and effect and of course supply and demand.
https://youtu.be/WVMP8MQruc0...
